India, July 7 -- The German stock market's benchmark index DAX drifted lower on Tuesday amid weakness in the tech sector and higher oil prices due to concerns about Middle East tensions on reports that a couple of commercial vehicles were struck by Iranian missiles along the Strait of Hormuz late Monday.
Brent crude futures climbed to $73.31 a barrel, gaining nearly 2%, before easing slightly to $72.98 a barrel.
The DAX, which opened slightly down from previous closing level, was down 130.03 points or 0.5% at 25,702.49 a little while ago.
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